BNP Paribas downgraded Essity (ETTYF) to Neutral from Outperform with a SEK 290 price target The firm believes valuations in the staples group are likely to stay “cheap.”
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ETTYF:
- Essity Advances SEK 3bn Share Buyback, Increases Treasury Shareholding
- Essity Reports Share Conversion That Marginally Reduces Voting Power Concentration
- Essity Continues Share Buyback Program With Week 52 Class B Repurchases
- Essity Steps Up SEK 3bn Share Buyback, Lifts Treasury Stock to Nearly 10 Million Shares
- Essity price target lowered to SEK 253 from SEK 267 at Jefferies
